Wish List

Suggestions:

1.

Currently, the calculator calculates the interest at each point the
interest rate or principal value changes. One feature to consider adding
is an option for the user to select when exactly the interest in calculated.
For example, banks usually calculate interest on the last business day
of each month.

2.

We need to provide different currency formats.
Perhaps we can provide a jump to the site, picking up today's course on
particular currency and making required calculations on our own

3.

Show amortization table.

4.

One feature that we could incorporate is that it allows
a choice of calculating monthly payments (given principal value) or principal
value (given monthly payments). We could put a selector on the first page
like Calculate What? - Principal, Interest or Periodic Payments.

5.

Allow for compound interest by the second, minute
and hour.

6.

Allow for periodic contributions to be by the hour,
minute or second.

7.

Allow for date intervals to be minutes or seconds.

8.

Incorporate is an initial payments/down payment
that allows a deduction from the initial principal.

9.

The Calculator's should eventually be able to handle
an unlimited number of functions which are user-defined. i.e.physics,
general math, unit conversion, etc. We can actually build libraries of
functions - One for finance, one for geometry, one for physics, etc.

10.

A Calculator Installation Wizard can be provided
to perform the initial software installation of the Financial Calculator
on the main server.

11.

We have a 15 mortagage on our home. Balance of $111,000 at 7.25
interest and our payments are $1, 186. We pay once a month and we would like to
know the difference if we were to pay bi-weekly. How much faster would
the mortagage be retired versus a monthy payments
JR Mckay -- Carolyn McKay

12.

I,m interested in re-financing my homeloan. my house is appraised at
around 130,000 I owe circa $65,000. I'd like to re-do the note in some
form so as to give me around $75,000. Current loan is a std. 30 yr. with
B of A at 8.2%. Would like to go 15 yrs if poss. I got your URL out of
the Oregonian.